Stock market 1 - Every student in my class will need to...

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Every student in my class will need to know about the stock market. I make this blanket statement because UF students will be successful and therefore eventually will need to determine how they will save part of their income. Indeed, many of my students will wind up saving sizeable amounts of money. So I want to be sure that everyone of you knows the very basics about the stock market because it is one of the best avenues available for saving. As I mention in class, buying a share of stock means that you have bought part ownership of a company. Large companies, such as McDonald’s, have hundreds of millions of shares, so if you own, say, 100 shares you are a small (!) part-owner of McDonald’s. Billions of shares of stocks are bought and sold every business day on stock market exchanges. The largest stock market exchange is the New York Stock Exchange, often abbreviated as NYSE. Another major stock market exchange is the NASDAQ. Anyone can buy shares of stock or, if they already own shares of a company’s stock, anyone can sell these shares. Investors use stock market brokers to buy or sell shares of stock. Stock market brokers are companies such as Raymond James or Merrill
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This note was uploaded on 04/07/2008 for the course ECO 2023 taught by Professor Rush during the Spring '08 term at University of Florida.

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Stock market 1 - Every student in my class will need to...

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